economy

International Monetary Fund Estimates Egypt’s Debt to Decline by 2022

The International Monetary Fund (IMF) expects Egypt’s debt to decline to reach 75% by 2022/2023 if the economic reform…

The Central Bank of Egypt Issues LE 17 Billion in Treasury Bills As Of Today

On behalf of the Ministry of Finance, The Central Bank of Egypt has issued LE 17 billion in treasury…

Business Mogul Naguib Sawiris Thinks Saudi Arabia Isn’t a Place to Invest In

In an exclusive interview with CNBC, Naguib Sawiris overtly declared that Saudi Arabia is not a place he…

Minister of Tourism Rania Al-Mashat Joins Forces with Beautiful Destinations to Breathe New Life into the Country’s Tourism

Among her various efforts to push the wheels of Egypt’s tourism, Rania Al-Mashat, aka the Minister of Tourism, has…

Egypt and Germany sign an Agreement Promoting Economic Partnership

Egypt and Germany have signed an agreement to enhance economic partnerships between them in the fields of industry, trade…

Free Train Rides for Cancer Patients in Egypt

Starting today, cancer patients across the country are being given “smart cards” that allow them to book free train…

New Report Reveals Egypt Is the Fastest Growing Startup Market in the Region

According to the startup platform MAGNiTT’s MENA Venture Investment Report (the region’s leading data platform tracking the region’s…

Egypt to Implement a New Pricing Mechanism on 95 Octane Gasoline

According to Enterprise, the prices of 95 octane gas may fluctuate up or down by 10% when a new…